Steel Authority of India Ltd is quoting at Rs 56.25, up 4.65% on the day as on 12:54 IST on the NSE. The stock is down 23% in last one year as compared to a 14.65% gain in NIFTY and a 11.29% gain in the Nifty Metal index.

Steel Authority of India Ltd rose for a third straight session today. The stock is quoting at Rs 56.25, up 4.65% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 11708.3. The Sensex is at 38983.6, up 0.8%. Steel Authority of India Ltd has added around 2.18% in last one month.

Meanwhile, Nifty Metal index of which Steel Authority of India Ltd is a constituent, has added around 4.66% in last one month and is currently quoting at 3044.15, up 3.15% on the day. The volume in the stock stood at 193.71 lakh shares today, compared to the daily average of 224.92 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 56.55, up 4.43% on the day. Steel Authority of India Ltd is down 23% in last one year as compared to a 14.65% gain in NIFTY and a 11.29% gain in the Nifty Metal index.

The PE of the stock is 8.92 based on TTM earnings ending December 18.

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